SMC to complete Skyway Stage 3 by 2020
The tollways unit of San Miguel Corp. expects to complete the P26.7 billion Skyway stage 3 project by 2020, one year behind the original target.
SMC Tollways Corp. president and CEO Manuel Bonoan cited the slow delivery of right of way for the elevated expressway that will link the existing South Luzon Expressway and North Luzon Expressway.
The project is cureently 33 percent conplete.
Skyway Stage 3 is a 14.82 kilometer,, six-lane elevated expressway that will extend the existing elevated skyway from Buendia to Balintawak.
The project aims to decongest major thoroughfares, including EDSA, while creating new transport routes.
Skyway Stage 3 has four sections: Section 1 will run from Buendia to Plaza Dilao; Section 2 from Plaza Dilao to Aurora Blvd; Section 3 from Aurora Blvd to Quezon Avenue; and Section 4 from Quezon Avenue to EDSA/Balintawak.